Asked by Noelle Leipold on Jun 12, 2024
Verified
Which of the following is a political factor that a company should consider before deciding to enter an international market?
A) business norms
B) trade regulations
C) industrial infrastructure
D) population size and growth
Trade Regulations
Laws, rules, and standards that govern how trade is conducted internationally and domestically.
Industrial Infrastructure
The underlying foundation of facilities, systems, and services needed for the operation of an industry, including transportation, communication, and utilities.
Business Norms
Accepted practices, behaviors, and standards within the business community, often varying by industry or region.
- Recognize the implications of political factors on international market entry.
Verified Answer
Learning Objectives
- Recognize the implications of political factors on international market entry.
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